Steel

  • Evraz not mulling N. America asset sale: Winkler Aug 11, 2014

    Evraz Group SA is not mulling a sale of its North American facilities, a top company executive said.

  • US drilling climbs, Canada falls Aug 11, 2014

    The number of oil rigs running in the United States increased by 19 last week.

  • Food sanctions threaten Russia steel deal: AIIS Aug 08, 2014

    An agreement suspending U.S. anti-dumping duties on some Russian flat-rolled steel shipments could be "in more significant jeopardy" after Russia announced agricultural sanctions, according to the American Institute for International Steel (AIIS).

  • Haynes eyes upturn as volumes strengthen Aug 08, 2014

    Haynes International Inc. is "starting to see signs of an upturn in the marketplace" amid strengthening volumes and longer lead times.

  • US steel mill product exports mixed Aug 08, 2014

    U.S. steel exports were mixed in June, rising from the previous month on the back of higher hot-rolled sheet, line pipe and stainless steel shipments but falling from a year earlier.

  • ArcelorMittal locks out workers at Canada plant Aug 08, 2014

    Some 285 unionized workers have been locked out of ArcelorMittal SA’s Contrecoeur-Ouest long products plant in Contrecoeur, Quebec, after they rejected a final contract offer Aug. 6.

  • Sheet steel prices increase in busy summer Aug 08, 2014

    Sheet steel prices edged up this past week as domestic mills continued to drive for higher prices and some buyers reported stronger-than-usual summer activity.

  • Nucor to lift coating extras due to zinc costs Aug 08, 2014

    Nucor Corp. plans to increase galvanizing coating weight extras effective with orders acknowledged to ship the week ending Oct. 11, the Charlotte, N.C.-based steelmaker said according to an Aug. 7 letter to customers, citing zinc costs.

  • Market sees SBQ price hike sticking Aug 08, 2014

    Participants in the special bar quality (SBQ) market largely expect a $40-per-ton price increase for September deliveries, which was followed by most domestic mills, to stick. However, there was some grumbling about mills raising prices when supply has been curtailed by operational issues at some producers.

  • Steel beam imports set to hit year high in July Aug 07, 2014

    Steel beam imports are poised to hit their highest monthly total for the year in July after declining in June.

  • Indiana, Chicago follow national scrap trends Aug 07, 2014

    Steel mills in Indiana and the Chicago area have completed a majority of their scrap buying programs for August at similar trends to those in most regional markets this month.

  • NLMK upbeat on steel demand, prices Aug 07, 2014

    Novolipetsk Steel (NLMK) expects U.S. steel demand to remain strong and prices to be “relatively stable” in the third quarter, it said in commentary released with earnings data

  • Warren restarts steelmaking operations Aug 07, 2014

    Warren Steel Holdings LLC has restarted operations after receiving approval for a lower power rate last month from Ohio regulators.

  • OCTG adding heat-treat facility Aug 07, 2014

    Energy tubular finisher OCTG LLP is adding a heat-treatment facility at its Houston location, according to a company statement.

  • CMC worker dies after accident Aug 07, 2014

    An employee who was injured during a ladle spill at Commercial Metals Co.’s (CMC’s) Seguin, Texas, steel mill earlier this week has died, the company said Aug. 6.

  • NLMK said unaffected by Western sanctions Aug 07, 2014

    Russian steelmaker Novolipetsk Steel (NLMK) has seen no direct impact to date from sanctions imposed by the United States and Europe in response to political tensions over the Ukraine and does not intend to divest its international assets, a company executive said.

  • US steel imports poised to rise for July Aug 07, 2014

    U.S. steel imports appear to be on course to rise 5.2 percent for July, driven by strong gains in inflows of plate in coil and stainless steel.

  • Goncalves leads Cliffs after proxy fight Aug 07, 2014

    Lourenco Goncalves has been appointed chairman, president and chief executive officer of Cliffs Natural Resources Inc. following a lengthy proxy battle between the iron ore mining company and hedge fund Casablanca Capital LP.

  • US OCTG case may spur Canada imports: CBSA Aug 07, 2014

    Canada could see a spike in oil country tubular goods (OCTG) imports from countries hit by U.S. dumping margins and the industry might find itself in peril as a result, according to the Canada Border Services Agency (CBSA).

  • Republic Steel lifts SBQ product prices Aug 06, 2014

    Republic Steel Co. has raised base prices for special bar quality (SBQ) hot-rolled and semifinished products by $40 per ton ($2 per hundredweight) for September shipments.

  • Scrap trends sideways as marts follow Detroit Aug 06, 2014

    Steel mills in several pockets of the United States wrapped up their monthly scrap bookings Aug. 6 as markets continued to trend at levels established early this week by Detroit-area mills.

  • ArcelorMittal bullish on US steel demand Aug 06, 2014

    ArcelorMittal SA sees the United States as one of its more promising markets, citing encouraging economic indicators for jobs and manufacturing, as Europe recovers more slowly and China faces an economic slowdown.

  • ITC rejects duties for Indian steel threaded rod Aug 06, 2014

    Imports of steel threaded rod from India are not injuring or threatening to injure U.S. industry, the International Trade Commission (ITC) decided Aug. 6, so no anti-dumping or countervailing duties will be imposed.

  • USS’ Edgar Thomson outage said delayed Aug 06, 2014

    U.S. Steel Corp. has reportedly delayed a planned maintenance outage at its Edgar Thomson Plant in Braddock, Pa., according to sources familiar with the matter.

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